Actuarial Funding Risk Assessment Report
The Actuarial Funding Risk Assessment Report assists stakeholders to understand and assess SCERS’ risk profile, including risks associated with actuarial assumptions and investment returns, and the range of outcomes that can impact contribution rates and plan funding.
Actuarial Standard of Practice 51 (ASOP 51) requires actuaries to identify and assess risks that may reasonably be anticipated to significantly affect the plan’s future financial condition.